Ichimoku Kinko Hyo

What is Ichimoku?

Ichimoku Kinko Hyo ("one-look equilibrium chart") is a comprehensive indicator that shows support/resistance, trend direction, and momentum at a glance.

Parameters (9, 26, 52)

• Tenkan-sen: 9-period conversion line
• Kijun-sen: 26-period base line
• Senkou Span A: Leading span (Tenkan+Kijun)/2

Interpretation

• Bullish: Tenkan above Kijun
• Bearish: Tenkan below Kijun
• TK Cross: Tenkan-Kijun crossover

Trading Signals

• Buy: Bullish TK cross above cloud
• Sell: Bearish TK cross below cloud
• Cloud acts as support/resistance

Price Overlay

• Toggle: Show/hide close price line
• Confirm: Price above cloud = bullish
• Confirm: Price below cloud = bearish